Gaming accessories manufacturer Performance Design Products (PDP) has been officially acquired by the Turtle Beach Corporation.
A statement on Turtle Beach’s business web portal announced that the San Diego-based company has acquired PDP for $118 million. It also claims that the “combined company expects total revenue of $390 to 410 million in the first full twelve months of ownership (Q2 2024 to Q1 2025).”
“The transaction combines two leading gaming companies with industry-leading teams, significant product momentum and proven track records of delivering profitable growth,” the statement read. “The transaction substantially expands Turtle Beach. Bringing PDP’s industry-leading gaming controller category to Turtle Beach will provide additional scale and future development opportunities.”
However you feel about the acquisition, it’s one that makes some degree of sense, as both companies operate in the same wheelhouse and across a broad spectrum of budgets. What’s notable is that Turtle Beach now owns PDP’s licensed products, such as the collectible Realmz headsets and controllers featuring characters from Sonic the Hedgehog, Transformers, And Pikmin.
Such products show that PDP has good relationships with Sega, Hasbro and Nintendo. This is furthered by products like the PDP Enhanced Wireless Controller for Nintendo Switch, which includes a range of official designs from, among others Super Mario And The Legend of Zelda. All the things Turtle Beach can now potentially use for its own hardware.
PDP’s premium Victrix brand will also make a decent appearance, with excellent products like the Victrix Pro BFG and Victrix Pro FS fight pad ranking in our best PS5 controller guide, lining up alongside their new brethren to deliver an even more comprehensive offer a range of options.
Like Roccat, another Turtle Beach subsidiary, PDP will likely remain its own entity. The brand will soon launch the Riffmaster peripheral, a guitar controller compatible with Fortnite Festival And Rock band 4. It seems to be a promising product, if only because it offers a contemporary and affordable way to play these games with the right hardware, without having to spend potentially hundreds of dollars on older, second-hand models on eBay and the like.
Ultimately, it is reasonable to expect that the PDP and Victrix brands will continue to exist as normal. You may see Turtle Beach branding on products and boxes in the near future.
For more hardware recommendations for PDP and Turtle Beach, check out our guides for the best Nintendo Switch headsets And best Xbox controllers.